General Discussion
In reply to the discussion: The Detroit bankruptcy and the assault on democratic rights [View all]Catherina
(35,568 posts)A day after the Ilitch organization won state approval for public assistance to build its proposed $650-million entertainment center downtown, Mayor Dave Bing and a top aide confirmed the city believes Olympia Entertainment owes about $1.5 million in unpaid property taxes at Joe Louis Arena, where the Red Wings have played hockey for decades.
Bing said Friday that although his administration believes the Ilitch organization owes the taxes, his staff is working to reconcile the amount. The mayor was careful to point out that he is a strong backer of the Ilitch plan for a new arena that would anchor an entertainment, retail and housing district downtown and did not want the tax debt to reflect poorly on the effort to build the complex.
http://www.freep.com/article/20121215/NEWS01/312150077/Detroit-Mayor-Dave-Bing-Mike-Ilitch-owes-us-1-5M-but-we-ll-work-it-out
I don't know why so few seem to care. Detroit's just a test run. I worker pensions aren't safe in Detroit, they're not safe anywhere. Things are only going to get worse with the TPP too.
Here's the part no one wants to discuss
Michigan Leads Nation in Massive Corporate Tax Breaks (The Untold Story of Detroit's Decline)